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. king's speech in washington, as well as your own. but now president obama will be speaking in charlotte at the bank of america stadium, and the economy is a major issue, also deeply linked to the war. what are your thoughts today about where we have gone in this four years? rep. john lewis: well, it is- it's my hope that president obama and the democratic party will recapture the hopes, the dreams that people had four years ago, and have a platform, a program, where we must go now. how do we rescue and save people? how do we give people a feeling that they can survive, they can make it in america? people-many people lost their homes, their jobs. we must say, there is a way out, there is a better way. they cannot be shy because the convention is taking place in the bank of america center. they've got to be strong. they've got to tell the truth. amy goodman: do you think people should be protesting as president obama is speaking? rep. john lewis: well, i don't know. if people feel that something is not right, is not fair, they have a right to protest. amy goodman: do you feel it's not rig
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reelect president obama actually be willing to hurt the economy and hurt the obama economy at a time when you've got a big backlash against unions? worry on the part of the public about pension costs for government employees. michigan passing a right to work law so you don't have to join a union in one of the most unionized states anywhere and demise of twinkies when a bakers union refused to accept any concessions at all on retirement costs. it is always money at heart of the these disputes and unions seem to be getting harder and harder edged about this. let's remember unions represent less than 7% of the private workforce in this nation. they represent 40% of the government workers. here we've got a private union strike that could happen starting this coming sunday t could be crippling. which means they will sell it fast. heather: neither said no to renewing talks. the national trade associations, they have even appealed to president obama use the taft-hartley injunction to hold off this strike for 80 days. >> reporter: right. to force them to get back to the table and negotiate.
autoparts could be at risk of sitting on open water. a strike would be a huge blow to the economy. lawmakers are getting more skeptical that congress and president obama can reach a deal. a big drop for stocks on friday. it is costing you last to get to grandma's house. gasoline prices have dropped to the lowest level in years. prices could rise as much as 10% a gallon over the next few days. engineers said motorola working on a top-secret device. featured is a bendable screen. google is looking to release this some time next year. i am ellen braitman with the bloomberg business report. >> 5:23. a teenager riding the holidays for her community. >> don't forget to e-mail us your response to our water cooler question of the day. how will you be spending christmas? you can share your response at wbaltv.com and on our facebook page, or send us an e-mail to firstname.lastname@example.org. >> the girl is spreading some holiday cheer to some families in carroll county. >> this 16-year-old is busy wrapping christmas presents for low-income families in carroll county that have children with chroni
done because as he heard joe lieberman said, the consequences would be huge. the economy could potentially slip back into recession. the white house has described this as a working vacation for president obama, but the reality is that negotiations are largely deadlocked on all sides. there have been a few talks going on at the staff level, but the real bulk of this work is going to get done when lawmakers return to washington later this week after the christmas holiday and resume manageses. that's when we're going to see the focus really shift away from the house and on to the senate. of course, speaker boehner tried to get his plan b, alternative bill through the house. republicans rejected that, couldn't get enough votes for it. it was really a blow to speaker boehner. now we see the focus shift to the senate. senate majority leader harry reid, minority leader mitch mcconnell will try to hammer out a deal and by all accounts, it will be a smaller deal, thomas. >> nbc's kristen welker traveling with the president in hawaii. kristen, thanks so much. joining us to talk about the
15,000 dock workers prepare to strike from maine to texas, a huge blow to the economy for retailing and manufacturing. lawmakers are getting more skeptical of kong -- that congress and president obama can reach a deal. house republican leaders cancelled a vote on speaker boehner's plan b. driving is costing you less, gas prices dropped to the lowest level in a year. enjoy it while you can. lumberg says prices may rise as much as 10 cents a gallon over the next few days as refiners and gas stations try to recover some lost margins. google designing a smartphone. sources tell the "wall street journal," engineers at motto rolla working on a top secret -- device dubbed the x-phone a bendable screen. the paper says google is looking to release it sometime next year. at the new york stock exchange i'm ellen brightman with the bloomberg business report. >>> widespread flooding across parts of the u.k. have left many facing a damp christmas hardest east-northeast scott , scout west england and wales. cornwall has more than -- 200 flood warnings in place. flooding is disrupting holiday trave
more ways for people to constructively enter the economy. >> counselor? >> i would concur on those points. i'm grateful i live in a state that has a governor deval patrick and living in a country with president barack obama. one of the reasons you just stated in creating better access to both educational opportunities and health care which is eliminating all of those other disparities. it's important we not upset about the 99% of the 47% and just remember that there are people behind all of those percentages, and people that has been struggling and people living in poverty. if you talk about the shrinking middle class, who were the joining? and so i want a president and governor and a major that believes in making those critical investment in physical infrastructure and in people that support the rule that everyone has to play in the economy including giving people in poverty on a pathway to self-sufficiency that is just as important. >> a round of applause for the panel. [applause] jim bendat correspondent for msnbc come i tv and sky news is next on booktv. for the next half hour,
hours away zip like pbs, i love big bird. i'll call it the economy tax. it's been crushing. i've been in business for 25 years. have i no idea what you're talking about. >> where was obama tonight? he went in there disarmed. what was romney doing? he was winning. >> you'll get your chance in a moment. i'm still speaking that wasn't a question, that was a statement. >> i don't look at my pension. it's not as big as yours. >> you said in the rose garden the day after the attack it was an act of terror. >> let me call it an act of terror -- >> can you say that a little louder, candy? >> he did call it an act of terror. >> hi a binder full of women. >> we also have fewer horses and bayonets. >> here's old moderate mitt. where you been, boy. i missed you all these last few years. >> if you can't change washington from inside the white house, then let's get you the plane ticket back to chicago you've earned. >> don't move. vote. voting is the best revenge. >> i ask people to vote for the love of country. >> it is election day, america. >> today's a huge day? >> yes, people are choosing on t
: glad to be back. .ost: let's do a little recap the re-election of president obama. the debates over the economy. guest: it is about as fractious as it could be. washington is a divided city. the fiscal cliff -- i believe both sides know what to do. it is going to be painful. either raise taxes or cut spending. both need to be done. our taxes are going to go up. some good programs will be cut automatically on january 1 if they do not come up with an agreement. that was designed by the politicians to deal with the fiscal problems. it reminds me of the old "national lampoon" comfort that if you don't buy this magazine, we will shoot this dog. save us from ourselves or help us save us from ourselves. it didn't work. they have about a week to go. i suspect they will kick the can down the road. a short-term way to get is passed the immediate collapse of what is stalling certain cuts. maybe unemployment benefits, that kind of thing. i think there will give a short- term answer. host: a lot of headlines are about the republicans and their caucus. what about democrats? are they at fault as w
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